22 CFR 235.7

§ 235.7 Fiscal Agent obligations.

United States · 22 CFR — Foreign Relations · Status: effective

Cite this

Citation: 22 CFR 235.7, § 235.7 Fiscal Agent obligations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/94689
Permanent ID: ys:prov:94689@1
SHA-256: e5882171611ebdc9c1de5fceeca82ed8922f4bed844349486fec840325e35cb3

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Full text

Failure of the Fiscal Agent to perform any of its obligations pursuant to the Fiscal Agency Agreement shall not impair any Noteholder's rights under the Guarantee, but may be the subject of action for damages against the Fiscal Agent by USAID as a result of such failure or neglect. A Noteholder may appoint the Fiscal Agent to make demand for payment on its behalf under the Guarantee.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.